HometownGeorgetown.com

I was heartened to see the headline on the front page of the September 26 issue of the Williamson County Sun: “Foreclosures decline for now.” We’ve all read the scary stories about the rash of foreclosures in our country, but what a lot of people don’t understand is that Central Texas hasn’t been hit in the same way as are other areas. When you read those reports from here on out, pay close attention to where the foreclosures are happening. Consider this article in the September 7 edition of the Statesman. If you read only the headline and the first couple of sentences, you might think the world is imploding. But buried about halfway down is a very telling paragraph:

“Austin has not been affected like the rest of the country. So far this year, foreclosures are down 6 percent from a year earlier, according to Foreclosure Listing Service Inc., an Addison company that tracks foreclosures statewide.”